 |
 |
|
|
 |
Strategy and Implementation Summary
What is your general strategy to make your business a winner and how will you achieve this?
Fast Food Franchise Marketing Strategy
What are the tangible ways you are going to employ in order to market your Fast Food Franchise business to your present and probable clients. You can also add the expenditure involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can seek out your clients better. For instance if you are using PPC as a strategy to go for Fast Food Franchise clients you may perhaps use long tail keyword search phrases rather than short generic words. This should slash your Pay Per Click expenses as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Fast Food Franchise Pricing Strategy
How have you arrived at your prices for your products and services? Are you going to use cost-plus pricing, limit pricing, loss leaders, market-oriented pricing, penetration pricing, price discrimination, premium pricing, predatory pricing, contribution margin-based pricing, psychological pricing, dynamic pricing, target pricing, absorption pricing, high-low pricing, marginal-cost pricing, odd pricing, freemium or pay what you want pricing?
Check out this article on pricing up your products
Promotion Strategy
What promotion strategies are you going to put into practice to get the sound out about your products and services to your likely customers - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage above your rivalry that you can exploit to your advantage? Are you able to keep your expenditure lower than your competitors so that you are at all times the cheapest? Do you have a superior place? Are you the pioneer or the only one to supply a service or product? Are you able to stay ahead of the competition and if so what enables you to do this? Do you have a good brand, trademarks, patents or a licence?
Web Strategy
Are you going to have no website at all or an all singing and dancing website with bells and whistles on? In most case it is going to be something in-between these two, and you ought to contemplate long and hard where your company is going to position itself. You can go and see this website and get more information regarding putting your Fast Food Franchise business online.
Sales Strategy
How are you going to get sales for your Fast Food Franchise business in the first place and how are you going to expand or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your would-be customers and know the answers to likely questions they will ask you. How are you going to build an affiliation with your clients to get prospective sales from them? How are you going to observe your sales? Do you want to increase your sales?
Formulating a good business proposal will increase your chances of getting a sale. Use this sample Fast Food Franchise business proposal to assist you.
Management Summary
Management Team
Who are the major players in your company?
Fast Food Franchise Organizational Structure
What is the hierarchy of your business - who is the manager of each division in your business?
Personnel Plan
This should be a listing of everybody in your business, how much they are paid and what if any share options they have for now and in the future. You can also add what type of contracts they have, long and short term and whether that is prone to change in the future or not.
Fast Food Franchise Financial Plan
Will you bring all your own funding or will it be a combination of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Fast Food Franchise Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Fast Food Franchise Profit and Loss
You can embody this usually in the form of a monthly and yearly bar chart as well as tables. Observably these should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Fast Food Franchise Cash Flow
You should have charts and tables to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your essential information which makes your business operate efficiently. This ought to be your business financials - so all your tables of numbers, tax returns, inventory estimates and personal and business credit history information. The information in the appendix is highly confidential and should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Fast Food Franchise Business?
Fast Food Franchise Business Plan Page 1 | Fast Food Franchise Business Plan Page 2
Useful Fast Food Franchise Resources
Fast Food Franchise Marketing Plan | Fast Food Franchise Equipment | Fast Food Franchise Online
Find a different business plan...